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Tokio Marine HoldingsMEX:8766N 47 Debt-to-Equity is 0.09 as of Mar. 2026, which is 50% above its 10-year median of 0.06. GuruFocus rates MEX:8766N with a GF Score™ of 47/100 and a GF Value™ of MXN642.78 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 405 Insurance companies, Tokio Marine Holdings ranks better than 69.14% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Tokio Marine Holdings's Debt-to-Equity or its related term are showing as below:
MEX:8766N'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.06 Max: 0.1
Current: 0.09
During the past 13 years, the highest Debt-to-Equity Ratio of Tokio Marine Holdings was 0.10. The lowest was 0.02. And the median was 0.06.
MEX:8766N's Debt-to-Equity is ranked better than 69.14% of 405
companies
in the Insurance industry
Industry Median: 0.2
vs MEX:8766N: 0.09
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Tokio Marine Holdings Debt-to-Equity Related Terms
Tokio Marine Holdings Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Tokio Marine Holdings's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MEX:8766N vs CB, PGR, TRV: Debt-to-Equity Comparison
For the Insurance - Property & Casualty subindustry, Tokio Marine Holdings's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Tokio Marine Holdings Debt-to-Equity vs Insurance Industry
For the Insurance industry and Financial Services sector, Tokio Marine Holdings's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Tokio Marine Holdings's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Tokio Marine Holdings (MEX:8766N) has a Debt-to-Equity of 0.09 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Tokio Marine Holdings and its competitors. This is 50% above median its historical median of 0.06. Over the past decade, Tokio Marine Holdings' Debt-to-Equity has ranged from 0.02 to 0.10. According to the industry distribution chart, Tokio Marine Holdings ranks #125 out of 405 companies in the Insurance industry, placing it in the top 30.9%.
Is Tokio Marine Holdings' Debt-to-Equity too high?
Tokio Marine Holdings' current Debt-to-Equity of 0.09 is 50% above median its 10-year median of 0.06. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.10. The Insurance industry median Debt-to-Equity is 0.20. Tokio Marine Holdings' value of 0.09 is 55% below this industry median. Based on the distribution chart, Tokio Marine Holdings ranks #125 out of 405 companies in the Insurance industry, which is above the industry midpoint. Overall, Tokio Marine Holdings has a GF Score™ of 47/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokio Marine Holdings' Debt-to-Equity compare to CB and PGR?
According to the Insurance industry distribution chart, Tokio Marine Holdings ranks #125 out of 405 companies for Debt-to-Equity. This puts Tokio Marine Holdings in the upper half of its industry. The industry median Debt-to-Equity is 0.20. Tokio Marine Holdings' value of 0.09 is 55% below this benchmark. Historically, Tokio Marine Holdings' own Debt-to-Equity has ranged from 0.02 to 0.10 over the past decade. While the company's 10-year median is 0.06 vs. the industry median of 0.20, Tokio Marine Holdings has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Insurance company?
The median Debt-to-Equity among Insurance companies is 0.20, based on 405 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tokio Marine Holdings's current Debt-to-Equity of 0.09 is 55% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Tokio Marine Holdings and its competitors. For the Insurance industry, the median Debt-to-Equity is 0.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokio Marine Holdings's current Debt-to-Equity is 0.09, which is 50% above median its own 10-year median of 0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokio Marine Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tokio Marine Holdings (MEX:8766N) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN642.78, compared to a current price of MXN806.49 — trading 25.5% above its estimated fair value. The current Debt-to-Equity is 0.09, which is 50% above median its 10-year median of 0.06 and 55% below the Insurance industry median of 0.20. Tokio Marine Holdings' overall GF Score™ is 47/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Tokio Marine Holdings (MEX:8766N), the current Debt-to-Equity is 0.09 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Tokio Marine Holdings (MEX:8766N) Overvalued in 2026?
Based on GuruFocus' analysis, Tokio Marine Holdings stock appears to be overvalued.
The current stock price of MXN806.49 is trading 25.5% above its estimated GF Value™ of MXN642.78.
GuruFocus considers Tokio Marine Holdings to be Modestly Overvalued.
Key valuation signals for MEX:8766N:
Debt-to-Equity: 0.09 (50% above median its 10-year median of 0.06)
GF Value™: MXN642.78 vs. price of MXN806.49 (25.5% above fair value)
Industry Position: 55% below the Insurance median (#125 of 405)
No single metric tells the full story. See the MEX:8766N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dating back to 1879, Tokio Marine is the oldest insurance company in Japan and operated as its top property and casualty insurer for decades. Following industry consolidation, it now shares domestic dominance with MS and AD and Sompo. However, Tokio Marine remains by far the most valuable listed Japanese insurer by market capitalization. This premium valuation is driven by an aggressive unwinding of domestic cross-shareholdings and a highly profitable overseas portfolio. The majority of its international business is based in the United States, where it has acquired premium specialty insurers since 2008, including Philadelphia Consolidated, Delphi Financial, Tokio Marine HCC, and Privilege Underwriters Reciprocal Exchange, recently fortified by a capital alliance with Berkshire Hathaway.
47GF Score
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